Saving Paseo Nuevo with Housing

Yardi Systems is stepping in to rescue Santa Barbara’s Paseo Nuevo mall with a bold new plan that could save the iconic shopping hub, bring back 600 jobs, and inject fresh life into downtown — all while building housing and funding key city projects. The proposal, which includes repurposing the old Macy’s and Nordstrom buildings into apartments with affordable units, aims to turn shoppers into residents who support local businesses daily. City officials see this as the perfect blend of preservation and progress, but the final decision rests with the council — and the public — as they weigh this transformative opportunity. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/4a13c3c9069216f1